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50: Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee

(36-Currency Export and Trade Based Weights)

(Base: 1993-94=100)*

Year

Trade Based Weights

Export Based Weights

Year

 

Trade Based Weights

Export Based Weights

 

REER

NEER

REER

NEER

 

 

REER

NEER

REER

NEER

 

 

 

 

 

1

 

2

3

4

5

1

2

3

4

5

 

 

 

 

 

 

 

 

 

 

 

2006-07

April

98.16

87.73

97.11

89.18

 

 

 

 

 

 

May

96.43

85.43

95.67

87.12

1993-94

100.00

100.00

100.00

100.00

 

June

96.60

85.11

95.61

86.61

 

 

 

 

 

 

July

95.75

84.22

94.80

85.74

1994-95

104.32

98.91

104.88

98.18

 

August

95.64

83.61

94.66

85.13

 

 

 

 

 

 

September

98.00

84.65

96.78

86.05

1995-96

98.19

91.54

100.10

90.94

 

 

 

 

 

 

 

 

 

 

 

 

October

99.96

86.18

98.64

87.53

 

 

 

 

 

 

November

100.35

86.50

99.31

88.12

1996-97

96.83

89.27

98.95

89.03

 

 

 

 

 

 

 

 

 

 

 

 

December

99.14

85.89

98.25

87.68

 

 

 

 

 

 

January

100.69

87.05

99.53

88.72

1997-98

100.77

92.04

103.07

91.97

 

 

 

 

 

 

 

 

 

 

 

 

February

100.55

87.21

99.39

88.87

 

 

 

 

 

 

March

100.53

87.11

99.35

88.85

1998-99

93.04

89.05

94.34

90.34

 

 

 

 

 

 

 

 

 

 

 

2007-08 (P)

April

102.88

91.80

102.22

92.89

1999-00

95.99

91.02

95.28

90.42

 

 

 

 

 

 

 

 

 

 

 

 

May

106.30

94.69

105.60

95.83

2000-01

100.09

92.12

98.67

90.12

 

June

106.22

94.97

105.39

96.07

 

 

 

 

 

 

July

106.29

94.84

105.55

96.08

2001-02

100.86

91.58

98.59

89.08

 

August

105.62

94.38

104.82

95.52

 

 

 

 

 

 

September

106.21

94.65

105.50

95.92

2002-03

98.18

89.12

95.99

87.01

 

October

106.41

95.29

105.74

96.73

 

 

 

 

 

 

November

104.95

94.27

104.40

95.83

2003-04

99.56

87.14

99.07

87.89

 

December

105.25

94.68

104.58

96.11

 

 

 

 

 

 

January

105.22

94.29

104.70

95.91

2004-05

100.09

87.31

98.30

88.41

 

February

103.90

93.11

103.49

94.82

 

 

 

 

 

 

March

102.35

90.01

102.19

91.92

2005-06

102.35

89.85

100.54

91.17

 

 

 

 

 

 

 

 

 

 

 

2008-09 (P)

April

101.95

93.27

102.27

93.54

2006-07

98.48

85.89

97.42

87.46

 

May

97.91

89.05

97.97

89.21

 

 

 

 

 

 

June

97.92

87.32

98.03

87.49

2007-08 (P)

105.13

93.92

104.52

95.30

 

July

97.00

85.95

96.95

85.93

* For “Note on Methodology” and time series data on the indices presented here, please see December 2005 issue of this Bulletin.


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